Hee hee , I also believe in this conspiracy theory about the ERP thingy. Make cars look cheap to own, but in fact expensive to drive. And young owners register as weekend cars, and causing the weekend jams and justify for the ERP increase . Just take a look at the CTE during morning n evening peak.

Bro,
Do you shave every day ? Wonder how your 5 blades can last 1 year. :think:

If you drive your car once a week, then probably you will be happy with the dropping COEs. Ask anyone who drives to work everyday during peak periods paying 6.50 for the drive into CBD (if coming via CTE) and paying 1.00 for the drive back. I pity those salesmen etc. who need to drive in and out of CBD, passing through Orchard. Every time they pass through the gantry and hear the faimiliar BEEP, it must be hurting them a lot.

Not only that, once the gantry is in place, one can toy around with the pricing - if its 3 dollars now and there is a jam every day because of more cars on the road, make it 5 bucks. voila, suddenly there is a drop in traffic because that increase of 2 bucks hurts for some time. And then when people get used to it, increase it again. Greatest invention of the 90s. ERP

New Member

Bro,
Do you shave every day ? Wonder how your 5 blades can last 1 year. :think:

If you drive your car once a week, then probably you will be happy with the dropping COEs. Ask anyone who drives to work everyday during peak periods paying 6.50 for the drive into CBD (if coming via CTE) and paying 1.00 for the drive back. I pity those salesmen etc. who need to drive in and out of CBD, passing through Orchard. Every time they pass through the gantry and hear the faimiliar BEEP, it must be hurting them a lot.

Not only that, once the gantry is in place, one can toy around with the pricing - if its 3 dollars now and there is a jam every day because of more cars on the road, make it 5 bucks. voila, suddenly there is a drop in traffic because that increase of 2 bucks hurts for some time. And then when people get used to it, increase it again. Greatest invention of the 90s. ERP

New Member

Hee hee , I also believe in this conspiracy theory about the ERP thingy. Make cars look cheap to own, but in fact expensive to drive. And young owners register as weekend cars, and causing the weekend jams and justify for the ERP increase . Just take a look at the CTE during morning n evening peak.

New Member

cos' last few weeks..oil inventory too high! OPEC - a toothless tiger that can't force member for oil prodn cut...

"oil prices plunged 4.0% and closed near $57.50/bbl after briefly eclipsing the psychologically important $60/bbl mark on Friday. Crude for March delivery was initially under pressure after the Saudi oil minister suggested production cuts may not be necessary; but the commodity's decline was exacerbated by this year's biggest one-day decline (-7.6%) in natural gas futures.

As one might expect, the oil price retreat weighed on the Energy sector, which was the day's worst-performing economic sector with a loss of 1.20%. "